please don't write in curve and don't show me just the final answer or excel
i just need to know how to get 10.7 for the Change in percentage
the same for income tax and profit.. just tell me for example what number multiple by what?..
Homework Answers
In case of 10.7% they have taken Sales as the denominator for the multiplication
For example (93000/870000)*100= 10.7%
Same goes for profit and tax
Tax=(76800/870000)*100=8.8%
Profit=(179200/870000)*100=20.6%
Add Answer to:
please don't write in curve and don't show me just the final answer or excel i just need to know how to get 10.7...
please explain how to get each numbers Vertical Analysis 2020 2019 Sales Cost of sales Gross...
please explain how to get each numbers
Vertical Analysis 2020 2019 Sales Cost of sales Gross profit 900 000 520 000 380 000 140 000 65 000 Selling expenses 870000 100% 460 000 532 410 000 47.12 93 000 $0.3.2 61 000 154 000 256 000 Administrative expenses Total operating expenses 205 000 Profit before income tax 175 000 Income tax expense 52 500 76 800 Profit 122 500 179 200 npur UCI WYSIS NU UISLUSS the userulness of horizontal...
just need help figuering out the percentage and part b Vertical Analysis of Income Statement Revenue...
just need help figuering out the percentage and part b
Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $405,000 $352,000 Cost of goods sold 275,400 221,760 Selling expenses 52,650 52,800 Administrative expenses 56,700 45,760 Income tax expense 8,100 14,080 a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to...
I honestly just don't know how to set up the formulas to get the desired answers....
I honestly just don't know how to set up the formulas to
get the desired answers.
Sketetal Income Statement Dollars 100% Retail Price - Cost Retail Price (=) Gross Margin % (+) Sales (retail) (-) Cost of Sales (a) Gross Profit (-) Expenses (=) Profit Dollars $ 100.00 $ 40.00 $ 60.00 $ 20.00 $ 40.00 % 100% 40% 60% 20% 40% Retail Price - Cost Cost (=) Markup % Cost $ Cost % (6) Retail Price $ 1. A...
I just want to know if my answer is correct, and how to get the answer....
I just want to know if my answer is correct, and how to get the answer. Thanks. For the Balk Corp. in 2018: Balance Sheet ($000s): Dec 31, 2018 | Dec 31, 2017 | Average ◊―――――――――――――――――――――――――――――◊ Cash: 420,000 | 120,000 | 270,000 Accounts receivable, net: 492,000 | 300,000 | 396,000 Inventories: 412,000 | 340,000 | 376,000 Plant and equipment, net: 1,700,000 | 1,112,000 | 1,406,000 Accumulated Depreciation: (184,000) | (192,000) | (188,000) Total Assets: 2,840,000 | 1,680,000 | 2,260,000 ◊―――――――――――――――――――――――――――――◊...
how we get these numbers ( I circle them with red), please no need to explain...
how we get these numbers ( I circle them with red), please no
need to explain the logic behind it, just tell me what numbers you
take and add, multiple, divide ... to get these results ?
Refrence
Deegan. (2016). Financial Accounting . McGraw-Hill
Education, Australia
REVIEW QUESTION TWO Consolidation Worksheet Jacko Lid Jackson Ltd Consolidated statement Eliminations and adjustments Dr $000 $000 $000 S000 8000 7004 Reconciliation of opening & closing retained earnings Sales revenue less Cost of goods...
Hello, I really need help with this assignment. Could you help me, please.Thank you in advance....
Hello, I really need help with this assignment. Could you help
me, please.Thank you in advance.
ments? Why or y Financial Statement Analysis Cases Financial Statement Analysis Case 1:Vertical Analyses of Johnson&Johnson and Pfizer Inc. Pfizer Inc. is a US company that manufactures and distributes pharmaceutical and consumer healthcare products that are similar to those sold by Johnson & Johnson. Use the excerpts of Johnson & Johnson's income statements to ans wer the following questions: a. Compute each line item...
please highlight the final answer Lionel Corporation manufactures pharmaceutical products sold through a network of sales...
please highlight the final answer
Lionel Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada. The agents are currently paid an 18% commission on sales; that percentage was used when Lionel prepared the following budgeted income statement for the fiscal year ending June 30, 2019: $ 29,000 Lionel Corporation Budgeted Income statement For the Year Ending June 30, 2019 ($000 omitted) Sales Cost of goods sold Variable $ 13,050 Fixed 3,480 GTON...
I got the first 4 steps done. Just need to know what formulas from the data...
I got the first 4 steps done. Just need to know what
formulas from the data
to use for steps 5,6, and 7.
Step #1 ASSUMPTIONS Launch-it S10.00 Product #1: Sales price per unit Variable costs per unit: 1.00 2.00 1.00 4.00 Purchase Price Shipping and HandlingS Sales Comission Total variable cost per unit 200 Monthly volume Treat-Time $30.00 Product #2: Sales price per unit Variable costs per unit: 7.00 8.00 3.00 18.00 Purchase Price Shipping and Handling Sales Comission...
You can just give bullets I do not need the answer in sheets. I will type...
You can just give bullets I do not need the
answer in sheets. I will type out full page.
P3. Financial Statement Analysis Modern Building Supply, Inc. Building supply INDUSTRY ratios follow: Current Ratio 2.5 to 1 Quick Ratio 1.2 to 1 Average Age of Receivables 30 days Inventory turnover in days 50 days Debt to Equity Ratio 0.75 to 1 Times Interest Earned 5.0 times Return on Total Assets 10% Price-earnings ratio 9 Return on Sales (profit margin) 4%...
i need help with 1,2,3, and 4. can you please show me how you arrived at...
i need help with 1,2,3, and 4. can you please show me
how you arrived at the answers. thanks so much.
Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold Barbara Cheney, Pittman's controller, has just prepared the company's budgeted income statement for next...
please explain how to get each numbers
Vertical Analysis 2020 2019 Sales Cost of sales Gross profit 900 000 520 000 380 000 140 000 65 000 Selling expenses 870000 100% 460 000 532 410 000 47.12 93 000 $0.3.2 61 000 154 000 256 000 Administrative expenses Total operating expenses 205 000 Profit before income tax 175 000 Income tax expense 52 500 76 800 Profit 122 500 179 200 npur UCI WYSIS NU UISLUSS the userulness of horizontal...
just need help figuering out the percentage and part b
Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $405,000 $352,000 Cost of goods sold 275,400 221,760 Selling expenses 52,650 52,800 Administrative expenses 56,700 45,760 Income tax expense 8,100 14,080 a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round percentages to...
I honestly just don't know how to set up the formulas to
get the desired answers.
Sketetal Income Statement Dollars 100% Retail Price - Cost Retail Price (=) Gross Margin % (+) Sales (retail) (-) Cost of Sales (a) Gross Profit (-) Expenses (=) Profit Dollars $ 100.00 $ 40.00 $ 60.00 $ 20.00 $ 40.00 % 100% 40% 60% 20% 40% Retail Price - Cost Cost (=) Markup % Cost $ Cost % (6) Retail Price $ 1. A...
how we get these numbers ( I circle them with red), please no
need to explain the logic behind it, just tell me what numbers you
take and add, multiple, divide ... to get these results ?
Refrence
Deegan. (2016). Financial Accounting . McGraw-Hill
Education, Australia
REVIEW QUESTION TWO Consolidation Worksheet Jacko Lid Jackson Ltd Consolidated statement Eliminations and adjustments Dr $000 $000 $000 S000 8000 7004 Reconciliation of opening & closing retained earnings Sales revenue less Cost of goods...
Hello, I really need help with this assignment. Could you help
me, please.Thank you in advance.
ments? Why or y Financial Statement Analysis Cases Financial Statement Analysis Case 1:Vertical Analyses of Johnson&Johnson and Pfizer Inc. Pfizer Inc. is a US company that manufactures and distributes pharmaceutical and consumer healthcare products that are similar to those sold by Johnson & Johnson. Use the excerpts of Johnson & Johnson's income statements to ans wer the following questions: a. Compute each line item...
please highlight the final answer
Lionel Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada. The agents are currently paid an 18% commission on sales; that percentage was used when Lionel prepared the following budgeted income statement for the fiscal year ending June 30, 2019: $ 29,000 Lionel Corporation Budgeted Income statement For the Year Ending June 30, 2019 ($000 omitted) Sales Cost of goods sold Variable $ 13,050 Fixed 3,480 GTON...
I got the first 4 steps done. Just need to know what
formulas from the data
to use for steps 5,6, and 7.
Step #1 ASSUMPTIONS Launch-it S10.00 Product #1: Sales price per unit Variable costs per unit: 1.00 2.00 1.00 4.00 Purchase Price Shipping and HandlingS Sales Comission Total variable cost per unit 200 Monthly volume Treat-Time $30.00 Product #2: Sales price per unit Variable costs per unit: 7.00 8.00 3.00 18.00 Purchase Price Shipping and Handling Sales Comission...
You can just give bullets I do not need the
answer in sheets. I will type out full page.
P3. Financial Statement Analysis Modern Building Supply, Inc. Building supply INDUSTRY ratios follow: Current Ratio 2.5 to 1 Quick Ratio 1.2 to 1 Average Age of Receivables 30 days Inventory turnover in days 50 days Debt to Equity Ratio 0.75 to 1 Times Interest Earned 5.0 times Return on Total Assets 10% Price-earnings ratio 9 Return on Sales (profit margin) 4%...
i need help with 1,2,3, and 4. can you please show me
how you arrived at the answers. thanks so much.
Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold Barbara Cheney, Pittman's controller, has just prepared the company's budgeted income statement for next...
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